961 Nw 8th Ave, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 981 Nw 8th Ave | Single Family | 1,756 | B |
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| 941 Nw 8th Ave | Single Family | 1,301 | B |
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| 921 Nw 8th Ave | Single Family | 1,289 | B |
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| 962 Nw 8th Ave | Single Family | 2,288 | B |
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| 901 Nw 8th Ave | Single Family | 1,603 | B |
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| 925 Nw Le Grace Cir | Single Family | 2,257 | B |
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| 942 Nw 8th Ave | Single Family | 2,531 | B |
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| 982 Nw 8th Ave | Single Family | 1,628 | B |
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| 922 Nw 8th Ave | Single Family | 1,730 | B |
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| 899 Nw 8th Ave | Single Family | 1,294 | B |
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| 975 Nw Le Grace Cir | Single Family | 2,834 | B |
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| 935 Nw Le Grace Cir | Single Family | 1,910 | B |
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| 902 Nw 8th Ave | Single Family | 1,543 | B |
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| Nw 10th St | Vacant Residential | 0 | L | |
| Carlee Cir | Municipal Owned | 0 | L | |
| 945 Nw Le Grace Cir | Single Family | 2,237 | B |
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| 1043 Nw 6th Ave | Single Family | 2,250 | B |
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| 905 Carlee Cir | Single Family | 2,389 | B |
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| 1063 Nw 6th Ave | Single Family | 1,838 | B |
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| 869 Nw 8th Ave | Single Family | 2,062 | B |
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| 965 Nw Le Grace Cir | Single Family | 2,258 | B |
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| 1023 Nw 6th Ave | Single Family | 2,246 | B |
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| 830 Nw 9th Way | Single Family | 1,905 | B |
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| 955 Nw Le Grace Cir | Single Family | 2,188 | B |
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| 832 Nw 9th Way | Single Family | 1,905 | B |
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| 870 Nw 8th Ave | Single Family | 1,282 | B |
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| 1003 Nw 6th Ave | Single Family | 1,896 | B |
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| 834 Nw 9th Way | Single Family | 1,905 | B |
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| 807 Nw 9th St | Single Family | 1,842 | B |
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| 895 Carlee Cir | Single Family | 2,368 | B |
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| 836 Nw 9th Way | Single Family | 1,926 | B |
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| 828 Nw 9th Way | Single Family | 1,674 | B |
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| 740 Nw 10th Ct | Single Family | 1,799 | B |
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| 720 Nw 10th Ct | Single Family | 1,638 | B |
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| 760 Nw 10th Ct | Single Family | 1,618 | B |
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| 700 Nw 9th Ct | Single Family | 2,132 | B |
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| 859 Nw 8th Ave | Single Family | 2,180 | B |
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| 700 Nw 10th Ct | Single Family | 1,925 | B |
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| 860 Nw 8th Ave | Single Family | 1,684 | B |
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| 780 Nw 10th Ct | Single Family | 1,789 | B |
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| 838 Nw 9th Way | Single Family | 1,971 | B |
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| 827 Nw 9th St | Single Family | 1,905 | B |
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| 885 Carlee Cir | Single Family | 2,352 | B |
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| 680 Nw 10th Ct | Single Family | 2,031 | B |
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| 1042 Nw 6th Ave | Single Family | 1,919 | B |
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| 1062 Nw 6th Ave | Single Family | 2,194 | B |
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| 717 Nw 8th Ct | Single Family | 1,306 | B |
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| 1082 Nw 6th Ave | Single Family | 2,316 | B |
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| 1022 Nw 6th Ave | Single Family | 2,374 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $84,040 per year who should qualify for a mortgage between $168,080 and $210,100.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 61 of all properties in this area. This corresponds to a rent of $1,350 per month and a monthly household income of $4,381 ($52,572 per year)
Nearby Companies
935 Le Grace Cir
1063 Nw 6th Ave
1063 Nw 6th Ave
931 Nw 10th Ave